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Despite persistent safety issues, Li-ion sales exceed $6.2B and 1.2B units sold

Gas powered gensets & lead acid batteries are heavy, dirty & immobile yet represent a $13B portable power market



Markets

Consumer Electronics

There is tremendous interest in micro-fuel cells as a supplement and potential replacement to rechargeable batteries fueled by a rapidly growing and expanding portable consumer electronics market.

Dominated by laptop computers, mobile phones and hand-held devices that demand more power from longer lasting sources, portable electronic devices require high-performance batteries. For instance, although the laptop market is quite mature and commoditized, new software and functionality is leading consumers to update their equipment, instead of merely replacing or upgrading parts.

These upgrades are presenting consumers with a dilemma: functionality vs. convenience as some OEMs have had to offset the power needed for better graphics and functionality with reduced hard drive capacity and processing speed due to the lack of capable battery technology. However, even with moderate battery improvements, the key restriction to mobility is the constant need to be near a power outlet for recharging the battery. Thus, extending battery life without compromising performance becomes a pressing concern.

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